Question: o as Icos a v rvestc e sky poooo. QUESTION 18 A loan for a new car costs the borrower 1% every month. What is

o as Icos a v rvestc e sky poooo. QUESTION 18

o as Icos a v rvestc e sky poooo. QUESTION 18 A loan for a new car costs the borrower 1% every month. What is the effective annual rate (EAR)? 1.25 po O 10.23% O 8.24% 6.78% 12.68% QUESTION 19 1 points (Extra Credit) Investors can form complete portfolios out of two assets: a risk-free asset and a risky portfolio. Mary is more risk averse than Laura. Both investors make the optimal portfolio choice. Which of the following statements is true? Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save Al Answers Save

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